Tiger Resources Limited (ASX: TGS) has established itself as a leading copper producer, developer and explorer. Tiger is developing the Kipoi Project in stages. Stage 1 involves processing through a heavy media separation plant, this started in 2011 and will finish in early 2015.
Tiger commenced copper cathode production in May 2014. The company will produce 25,000t in the first year and has plans to increase to 50,000tpa.
In October 2014, Tiger acquired the remaining 40% of the Kipoi Project through the acquisition of Société d’Exploitation de Kipoi SA (“SEK”), which owned the project. SEK is now a wholly-owned subsidiary of Tiger Resources.
Democratic Republic of Congo